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you think that john boehner is making a mistake by rejecting tea party? i think the speaker makes a mistake and the tea party is not a group that embraces serious tangibles of government that is traditionally work in this country. there are members of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from his own experience as a younger time in his service in congress. charles: representative, it has been
you think that john boehner is making a mistake by rejecting tea party? i think the speaker makes a mistake and the tea party is not a group that embraces serious tangibles of government that is traditionally work in this country. there are members of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance...
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boehn boehner's position is we've given you our plan and now for you, mr. president, to come back with what you're willing to do and probably not in a way we're aware of and sutd l calls between, you know, negotiators for the president and the congressionalç republicans. whether the out ho house is in session only matters with a deal and manager to vote on. look. just because things are bogged down and in the standoff mode right now doesn't mean all is lost. it just means we don't know for sure that any progress is being made. >> there's another item here that i cannot let the segment end without addressing. critical both for us and the country. let's take a look. >> stop insta-gramming your breakfast and tweeting the first world problems and getting on youtube to see gangnam style. ♪ and start using those precious social media skills to go out and sign people up on this baby, three people a week. let it grow and don't forget, take part or get taken apart. boy, these old coots will clean out the treasury before you get there. >> that's alan simpson with
boehn boehner's position is we've given you our plan and now for you, mr. president, to come back with what you're willing to do and probably not in a way we're aware of and sutd l calls between, you know, negotiators for the president and the congressionalç republicans. whether the out ho house is in session only matters with a deal and manager to vote on. look. just because things are bogged down and in the standoff mode right now doesn't mean all is lost. it just means we don't know for...
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boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not going to be enough. you got to go the rates. once you do the rates, everything else might fall in place because do i think the white house will negotiate. >> i want to go over the stakes of all of this just for the average american family, if we do go over the cliff, about 90% of households would end up paying almost $3,500 more in taxes and one in five action pai -- taxpayers would have to pay the alternative minimum tax, which would mean an increase of $3,700 more of what you already know and those on unemployment i
boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not...
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this...
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john boehner now making the fairness argument? it's a shocking turn of events but a testament to the fact that the republicans know optics are not in their favor. >> here's where it looks like it's heading. republicans float i think a face-saver in the new york times. quote, if no deal can be struck to avert the bush era tax cuts and onset of deep across the board spending cuts gop leadership could foresee taking up and passing legislation this month to extend the tax cuts for the middle class and then resume the bitter fight over spending and taxes as the nation approaches the next hard deadline and statutory barring. that's the debt ceiling coming up later this year, early part of next year. here's the question right now, governor. it seems that's a face saver because they say taxes deferred or delayed are taxes avoided. if they say we'll get to defending the rich later. we'll let their taxes go up in january. it seems that's a face-saver even if they say we'll get to it later. >> well, i think what happens, chris, though is thi
john boehner now making the fairness argument? it's a shocking turn of events but a testament to the fact that the republicans know optics are not in their favor. >> here's where it looks like it's heading. republicans float i think a face-saver in the new york times. quote, if no deal can be struck to avert the bush era tax cuts and onset of deep across the board spending cuts gop leadership could foresee taking up and passing legislation this month to extend the tax cuts for the middle...
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he was willing to do that in negotiations with boehner in 2011. he's willing to even think about raising the age of eligibility for medicare. he was willing, if the republicans would have played on obamacare, to give them malpractice reform. >> he's not leading on it. >> well, i mean, you know, he's no, on it. and i think that every time the president makes an initial proposal, republicans squeal and say it's of-- it's negotiating. and i think that negotiation is going on now. and if they're smart-- i know this is a real leap if of when it comes to this congress-- if they're smart, they'll get it done in the next week. >> schieffer: major, all the problems are not here at home. there are pretty big ones building overseas. this whole syria mess. ones where this thing is going. what's the latest on that. >> the feeling in the administration is they're gathering intelligence information on an hourly basis to try to figure out what's happening to the stockpiles of chemical weapons. with they being mixed, moved, is there anything of dire immediate cons
he was willing to do that in negotiations with boehner in 2011. he's willing to even think about raising the age of eligibility for medicare. he was willing, if the republicans would have played on obamacare, to give them malpractice reform. >> he's not leading on it. >> well, i mean, you know, he's no, on it. and i think that every time the president makes an initial proposal, republicans squeal and say it's of-- it's negotiating. and i think that negotiation is going on now. and...
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boehner stepped in front of the microphone the day after the election and this market tanked. that's a clear signal to washington they better get it right. >> i think ben is right on the money. this is basically what is happening. there's an enormous amount of room for disappointment in this market. this market is expecting a deal. i don't know why all of the sudden today we get this triple-digit move as if something is happening. if we don't get a deal, how big of a sell-off can we see? >> well, we've seen the t.a.r.p. disappointment. we've seen the debt ceiling disappointment. i think if we go over the cliff, we're going to have a very big sell-off, then the politicians are going to go, hey, we're here to the rescue. >> what's fueling this optimism then? >> i think we have seen the idea that the market has voted to tell washington they need to get it right with the sell-offs we have seen. the anticipation is they want to get re-elected. they understand the republicans now have detectors. again, the market is saying we with believe in you. don't screw this up. >> all right. y
boehner stepped in front of the microphone the day after the election and this market tanked. that's a clear signal to washington they better get it right. >> i think ben is right on the money. this is basically what is happening. there's an enormous amount of room for disappointment in this market. this market is expecting a deal. i don't know why all of the sudden today we get this triple-digit move as if something is happening. if we don't get a deal, how big of a sell-off can we see?...
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boehner called that silliness. mr. boehner and other congressional leaders will head to the white house tonight for a holiday party, but there are no formal negotiations scheduled for the rest of this week. the president makes his case to state leaders tomorrow when several governors visit the white house. late this afternoon, the white house rejected today's republican counteroffer, saying it does not meet "the test of balance." one man who has been searching for that balance is erskine bowles, who, with alan simpson, is co-author of a deficit reduction plan that neither side has previously embraced. i spoke with him a short time ago. erskine bowles, thank you so much for joining you. late this afternoon john boehner, the house speaker, sent a letter to the white house in which he said he needed to find different middle ground on this fiscal cliff issue. he particularly cited your report which he described as providing imperfect but fair middle ground as a way of breaking this political stalemate. he's saying only the
boehner called that silliness. mr. boehner and other congressional leaders will head to the white house tonight for a holiday party, but there are no formal negotiations scheduled for the rest of this week. the president makes his case to state leaders tomorrow when several governors visit the white house. late this afternoon, the white house rejected today's republican counteroffer, saying it does not meet "the test of balance." one man who has been searching for that balance is...
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. >>> we don't know what john boehner said to the president on the phone today, but we do know that boehner is finally admitting defeat on one thing. the rich will have to pay more. >> the next 72 hours are critical. >> will republicans cry uncle? both sides are still locked in a stalemate. >> there's plenty of hot rhetoric to go around. >> both sides are coming out swinging. . >> raising tax rates will hurt the economy. >> i will not play that game. >> president obama standing his ground. >> i will not play that game. >> he's not willing to play that game. >> playing the smackdown. >> i think the president has boxed the republicans in. >> i know we have it to raise revenue. >> is he the only republican? >> i don't care how we do it. >> raising tax rates hurt the economy. >> let's just go over the [ bleep ] cliff. >> if they do not make this deal on tax rates for the top 2%, then they're going away. >> i just hope this doesn't become a game of chicken. >> i will not play that game. >> it goes into february and march. >> public opinion is on their side. >> when we have to raise the debt ceil
. >>> we don't know what john boehner said to the president on the phone today, but we do know that boehner is finally admitting defeat on one thing. the rich will have to pay more. >> the next 72 hours are critical. >> will republicans cry uncle? both sides are still locked in a stalemate. >> there's plenty of hot rhetoric to go around. >> both sides are coming out swinging. . >> raising tax rates will hurt the economy. >> i will not play that game....
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we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >> well, i think republican voices are being raised. even lindsey graham over in the senate and in the house, you're seeing the congressman speak out from ohio. though he's leaving, he sees a path forward to an agreement. i think we need 218 to pass a measure in the house, and i think we're on the road to do that. >> quickly, we have to talk about major changes to social security and medicare. you are against it. a new poll shows that 70% are opposed to medicaid spending cuts, 51% oppose raising medicare age. where are you you willing to compromise on entitlements when that par
we have not seen that same support from republicans to speaker boehner. he has the rank and file behind him, but we have conservative voices both in the senate and house criticize the plan he put on the table. with that said, again, i guess my initial question is where do you see progress? you noted where the president stood the line and been loyal to the words he offered to the american public upon re-election, but as far as these negotiations are concerned, where is the progress? >>...
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you have been critical of house speaker john boehner and what is on the table. what he put to the table, $800 billion of tax deduction and closing loopholes already. what do you say to people who say listen, the president won re-election. the republicans have to do something to get a deal? >> we don't have a revenue problem. government doesn't need to take more money out of the economy to give stoit incompetent politicians and bureaucrats. that won't make the middle class or anybody better off. look at obama's policies played out at the state level, greece, all over the world. there is no place they are working or have ever worked. but you can point to states where governor like scott walker or john kasich or rick scott are employing the conservative principles and they are attracting businesses and creating jobs. o'reilly did a great segment comparing texas and california. that is what i want to do with heritage, showcase successes we are having. to republicans concede we need more revenue in the context of not reforming entitlement or the tax code and the pres
you have been critical of house speaker john boehner and what is on the table. what he put to the table, $800 billion of tax deduction and closing loopholes already. what do you say to people who say listen, the president won re-election. the republicans have to do something to get a deal? >> we don't have a revenue problem. government doesn't need to take more money out of the economy to give stoit incompetent politicians and bureaucrats. that won't make the middle class or anybody...
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president obama and house speaker john boehner spoke on the phone about the situation yesterday. among the major sticking points is republican support for continuing tax cuts for the wealthiest americans, something mr. obama disagrees with. >> we could probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need a balanced plan. that's what's best for the economy. that's what the american people voted for. that's how we're going to get it done. >> mr. obama's treasury secretary, tim geithner, went a step further, saying that the president would allow the nation to go over the fiscal cliff at the end of the year, if republicans don't agree to raise taxes on the wealthy. >>> and maybe abraham lincoln can help the fiscal cliff negotiations. harry reid believes so. the senate will get inspiration when reid hosts a clescreening the spielberg movie. >> whatever helps to get things moving, right? >>> hundreds of same-sex couples in washington state lined up overnight to get a marriage license now that they can legally wed. the coun
president obama and house speaker john boehner spoke on the phone about the situation yesterday. among the major sticking points is republican support for continuing tax cuts for the wealthiest americans, something mr. obama disagrees with. >> we could probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need a balanced plan. that's what's best for the economy. that's what the american people voted for. that's how we're going to...
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instead of john boehner, his name is b-o-e-h-n-e-r-- pronounced it right. >> his name is john boehner. it is how we pronounced it. some news from overseas, this is from the bbc. hugo chavez and need of cancer surgery. he only returned to cuba on friday. tests had detected more cancerous cells. there is this from the associated press. the south african president visited nelson mandela who is a in the president. -- who is a dental the hospital. he was admitted to a military hospital. he found the frail 94-year-old to be comfortable and in good care. we will turn our attention to the issue that has dominated our discussion since the election. we will continue to do so over the next few weeks. the president reject talks continue on the phone on the fiscal cliffs. what is happening behind the scenes? as next. we will have our sunday round table. all weekend long on but tv and american history to be, we are featuring the literary life of albany, new york, the capital of the new york state. we will feature all of the history programming our producers gathered there. here is a portion on sept
instead of john boehner, his name is b-o-e-h-n-e-r-- pronounced it right. >> his name is john boehner. it is how we pronounced it. some news from overseas, this is from the bbc. hugo chavez and need of cancer surgery. he only returned to cuba on friday. tests had detected more cancerous cells. there is this from the associated press. the south african president visited nelson mandela who is a in the president. -- who is a dental the hospital. he was admitted to a military hospital. he...
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i think we ought to have the president sitting down with john boehner, finding solutions that can, one, pass the house, and, two, be signed by the president, and i believe if you find that solution, it will pass the senate. >> senator john barrasso, thank you for your time. >> thank you. >> next on "andrea mitchell reports" -- as the house heads home, are democrats in congress being left out of the budget talks? >>> but first, fresh off his gangnam style premiere, alan simpson has a message for all of you kids out there. >> the young people aren't organized. the senior citizens are so well-organized they've got the aarp, committee for the preservation of the gray panthers, the silver head legislators, pink panthers. they are organized and they don't give a whip. this younger generation better learn to take part or get taken apart. wi srk cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put t
i think we ought to have the president sitting down with john boehner, finding solutions that can, one, pass the house, and, two, be signed by the president, and i believe if you find that solution, it will pass the senate. >> senator john barrasso, thank you for your time. >> thank you. >> next on "andrea mitchell reports" -- as the house heads home, are democrats in congress being left out of the budget talks? >>> but first, fresh off his gangnam style...
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jon: to the fiscal cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is hard to tell we know the president and the speaker of the house met privately yesterday and as we mentioned both sides say the lines of communication are open but they are not giving out any details of what was discussed or any readout of the meeting. that may be a good sign. the previous meeting was on camera. this one face-to-face privately at the white house and so perhaps they had a chance to roll up their sleeves and get into some of the tough details in terms of finding a deal on the fiscal cliff. this morning a leading republican said any deal should include the major drivers of our debt. >> the
jon: to the fiscal cliffhanger on capitol hill as the president and house speaker boehner say they're keeping open the lines of communication one day after meeting to discuss the ongoing negotiations aimed at stopping the combination of automatic tax increases and spending cuts set to kick in less than four weeks from now. chief congressional correspondent mike emanuel live on capitol hill for us. three weeks from the end of the year, mike. any signs of progress? >> reporter: jon, it is...
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more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up. there will be a tax increase to people making more than 250 anyway because of the health care law. so the idea that somehow they will get a freebie is just crazy. >> california at 52%, new york and other places -- >> when you add up all the state and local taxes. hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had
more support for boehner now than anytime in his speaker ship. is that's setting up for -- >> but it is social media and twitter allows to you see these things. >> sausage factory into the front of the kitchen. >> exactly. >> geithner didn't use the word marginal rates had to go up, just said rates. >> rates are already going up. there will be a tax increase to people making more than 250 anyway because of the health care law. so the idea that somehow they will get...
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is the same of what speaker john vader, offered the president in their negotiations -- speaker john boehner offered the president in their negotiations in 2011. the white house has consistently signaled a loss of of weeks that they will not accept any deal that keeps tax rates for the wealthy. >> russell burma is a staff writer for the hill. thank you. >> thank you. >> and you can go to our website c-span.org to read the letter that the president wrote to house rubble can survey. it was signed by house speaker john vader, majority leader eric cantor, and four others. a group of retired military officers and business leaders recently released a report outlining ways to decrease u.s. dependence on oil. the group today posted eighth discussion on oil independence. among the speakers, the senior -- the ceo of a and fedex, a white house adviser, and senators. >> a good morning, everyone. i especially want to thank members of the security council. they have been a distinguished group of members since 2006. i also want to give a special thanks to -- >> i want to give a special thanks to the staff
is the same of what speaker john vader, offered the president in their negotiations -- speaker john boehner offered the president in their negotiations in 2011. the white house has consistently signaled a loss of of weeks that they will not accept any deal that keeps tax rates for the wealthy. >> russell burma is a staff writer for the hill. thank you. >> thank you. >> and you can go to our website c-span.org to read the letter that the president wrote to house rubble can...
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speaker john boehner is saying $800 billion in more taxes. the route to higher revenue in the united states comes through tax reform. host: 1 not have a two-year budget? why go through this every 12 months? just guest: give me a budget. we don't even have one. guest: there are legitimate arguments that we should set course for two years and spent one of those years doing oversight of programs to make sure they are working the way they should be. i have some stability for that but the reality is we will not leave it totally alone over two years. the most important thing to be with to have a budget and a plan. host: is that so difficult? guest: cause we don't have anything that the house and the senate and the present have to agree on in terms of budget. the president presents a budget and congress may or may not pay attention to and the house passes a budget resolution, they are supposed to get together and agree on a but they don't have to. there's nothing that forces those three entities to operate on the same budget plan. guest: voters don'
speaker john boehner is saying $800 billion in more taxes. the route to higher revenue in the united states comes through tax reform. host: 1 not have a two-year budget? why go through this every 12 months? just guest: give me a budget. we don't even have one. guest: there are legitimate arguments that we should set course for two years and spent one of those years doing oversight of programs to make sure they are working the way they should be. i have some stability for that but the reality is...
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the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate balduan is in washington, d.c., this morning. so that's kind of a depressing thing, when just the advent of a phone conversation between the two top dealmakers is the headline, isn't it? >> i could not agree with you more. the fact that they spoke, but the fact that there's no progress, and that's a headline. i mean, if we want to take anything from it, any significance, it's the first time they've talked in a week. take that what you will. it's almost like hope springs eternal, but we are a long way from a deal still. neither side, as you said is giving on their basic position. president obama conti
the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate...
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is still going to be a need next year, say march, to increase the debt limit and that was what john boehner used as is leverage a year-and-a-half ago in his talks with president obama so there's a belief on the part of democrats that they would like to get this idea in common circulation and also trying to manufacture some dialogue, the debt ceiling really isn't the kind of leverage that it was a year-and-a-half ago. you saw some of that from the president yesterday when he was talking more last week when he was talking about he is not going to play that game anymore. and then it turns out the democrats had enough votes, if it were to be put to a majority vote to pass it through the senate and instead, senator mcconnell insisted that it requires 60 to get past the filibuster. >> on the republican side how would they vote on the fiscal cliff for raising the debt ceiling help the gop make their case? >> guest: i am not sure it would, in all honesty. a lot of people, politically, don't know how effective it would be. >> any indication how things are going, how things are going behind-the-scene
is still going to be a need next year, say march, to increase the debt limit and that was what john boehner used as is leverage a year-and-a-half ago in his talks with president obama so there's a belief on the part of democrats that they would like to get this idea in common circulation and also trying to manufacture some dialogue, the debt ceiling really isn't the kind of leverage that it was a year-and-a-half ago. you saw some of that from the president yesterday when he was talking more...
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he's very much backing away from speaker boehner's letter. the question i wanted to ask you is some of the details, as you know, it's all in. >> can we spin one more point on that? >> absolutely. >> here's speaker boehner who is taking a mid point on the compromise between the two sides and offered it, and it's already flatley rejected? >> i think he may be rejected, sir, if i may -- >> i'm not talking about simpson -- erskine boelsz. i'm talking about the white house's response to it. >> let's get to that too. i think what erskine bowles is saying in his statement, that this letter from speaker boehner does not represent his theory, number one, but i think the line that the white house is having problems with, and i believe i found it in page two of the speaker's letter, i'll read it to you if i can. he says this, notably, the new revenue in the bowles plan, what he's calling the bowles plan would not be achieved through higher taxes, which we continue to oppose and will not agree to, in order to protect small businesses and our economy. ins
he's very much backing away from speaker boehner's letter. the question i wanted to ask you is some of the details, as you know, it's all in. >> can we spin one more point on that? >> absolutely. >> here's speaker boehner who is taking a mid point on the compromise between the two sides and offered it, and it's already flatley rejected? >> i think he may be rejected, sir, if i may -- >> i'm not talking about simpson -- erskine boelsz. i'm talking about the white...
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Dec 6, 2012
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the white house is beginning to notice and now believe there is a deal boehner can find the stroets pass it. >> an idea what's really at stake. rebecca jarvis has a look how the government spends money and how it could spend less. rebec rebecca, good morning. >> reporter: good morning. >> the question comes up in terms of the money that we're talking about in raising the rate. how much is it that the republicans are objecting to? >> if you look at that $250,000 number, if you were to raise taxes on everybody making $250,000 or more in the country that would raise about $700 billion in revenue over the next ten years. that's a drop in the bucket compared to our $16 trillion debt, our $1 trillion deficit, and so what a lot of people are saying, and argues, when they look at this situation is, if you're really going to be serious about deficit reduction it can't just be about taxes. it has to be about spending cuts, too. >> on that point of spending, it's always important to remember, where do we spend money in the federal budget jt you've put together to remind us exactly where do we spend
the white house is beginning to notice and now believe there is a deal boehner can find the stroets pass it. >> an idea what's really at stake. rebecca jarvis has a look how the government spends money and how it could spend less. rebec rebecca, good morning. >> reporter: good morning. >> the question comes up in terms of the money that we're talking about in raising the rate. how much is it that the republicans are objecting to? >> if you look at that $250,000 number,...
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Dec 8, 2012
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gain bah boehner has been here a long time. he saw the coup attempt to speaker gingrich by members of his old party. he knows he has to hold those people together to negotiate with the president. he saw a little bit of wiggle room earlier with jim demint coming out earlier and said he thought the tax offer was an outrage. from the right you can see the speaker tamping that out with his boot. gwen: the president has not always been where he is on this now with the tax rate. he's said in the past that maybe the tax rates should not be raised and that would be bad for the economy. what changed? >> the economy changed. the economy is better. a lot has been made of the fact that the president caved two years ago, december of 2010. that was when the buschera tax rates first expired and he agreed to a two-year extension. yes, he caved but i think in fairness to the president he got a lot for it and the economy wasn't doing so well, which is why he wanted stimulus in the first place. in return for extending them then, he got payroll ta
gain bah boehner has been here a long time. he saw the coup attempt to speaker gingrich by members of his old party. he knows he has to hold those people together to negotiate with the president. he saw a little bit of wiggle room earlier with jim demint coming out earlier and said he thought the tax offer was an outrage. from the right you can see the speaker tamping that out with his boot. gwen: the president has not always been where he is on this now with the tax rate. he's said in the past...
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Dec 6, 2012
12/12
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that's the question john boehner, the speaker of the house has. listen to him. >> this week we made a good faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue. frankly, it was the balanced approach that the president has been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. and if the president doesn't agree with our proposal and our outline, i think he's got an obligation to send one to the congress. a plan that can pass both chambers of congress. if you look at the plans that the white house has talked about thus far, they couldn't pass either house of the congress. >> brian: hasn't because it's been presented before. here is one thing the president i think is banking on because he's playing his cards and it's a strategic approach. he's saying if i can divide boehner and the other house republicans, i could break this thing wide open and i could get what i need. and it turns out of all places, the "new york
that's the question john boehner, the speaker of the house has. listen to him. >> this week we made a good faith offer to avert the fiscal crisis and that offer included significant spending cuts and reforms and it included additional revenue. frankly, it was the balanced approach that the president has been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. and if the president doesn't agree with our proposal and our outline, i think...
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Dec 4, 2012
12/12
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CURRENT
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this was the damage that john boehner hung over the white house last year. the white house said we're going to put this all in one and boehner said you have to pay me a special price. it would be insane not to come to a resolution on this issue once and for all. >> it's really the only card that he hold. obama has the advantage of letting--going over the cliff and letting it all expire so he starts to get the revenue that he wants. what does boehner have to negotiate? j. >> cenk: this is dr. strangelove territory. this is peter sellers pushing the button. you do this, and you destroy yourself. it's an insane negotiating ploy. it's hard to think that he could push that button. he used it last year and there was a consensus that politically that republicans lost face and lost public support and they were playing with fire. am i misreading this? >> no, because i think part of it, again, we're talking about the markets. it strikes fear in the markets. they say, president obama you better do something because the stock markets and the bond markets are reacting ne
this was the damage that john boehner hung over the white house last year. the white house said we're going to put this all in one and boehner said you have to pay me a special price. it would be insane not to come to a resolution on this issue once and for all. >> it's really the only card that he hold. obama has the advantage of letting--going over the cliff and letting it all expire so he starts to get the revenue that he wants. what does boehner have to negotiate? j. >> cenk:...
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house speaker boehner said that will be a debating point in the debt ceiling and in the fiscal cliff when it comes to that. ashley: certainly will. milton ms. rought at this, thanks for being with us for your perspective on the market when we see what happens in washington. thanks so much. >> thank you. tracy: he is oozing confidence in washington, isn't he? ashley: yes. dripping with sarcasm i think is more --. tracy: sham else about. i love that word. it's a shambles. there is so much more ahead this hour including a biotech ceo what is hurting innovation in the sector. you guessed it, obamacare. a corda's ron cohen is here. ashley: apple making lots of news with its stock swings. reports it is shifting production away from china back to the u.s. as we do this time every day, look how oil is trading. down nearly 2%. bun a buck 73 at 86.15 a barrel. we'd be right back there is no mass-produced human. every human being is unique. and there is one store tha. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclus
house speaker boehner said that will be a debating point in the debt ceiling and in the fiscal cliff when it comes to that. ashley: certainly will. milton ms. rought at this, thanks for being with us for your perspective on the market when we see what happens in washington. thanks so much. >> thank you. tracy: he is oozing confidence in washington, isn't he? ashley: yes. dripping with sarcasm i think is more --. tracy: sham else about. i love that word. it's a shambles. there is so much...
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Dec 4, 2012
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john boehner offers up his own plan today. and the white house has already offered up their response. then later, a photo in the trayvon martin case has been released in color. we'll show it to you and a new heir to the british throne is on its way. it's a baby bonanza. that's ahead. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your career than you ever thought possible. let's get started at capella.edu plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's heah concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older a
john boehner offers up his own plan today. and the white house has already offered up their response. then later, a photo in the trayvon martin case has been released in color. we'll show it to you and a new heir to the british throne is on its way. it's a baby bonanza. that's ahead. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in...